Venezuela: Congress budget power terminated

Venezuela’s Supreme Court has stripped the congress of budgetary oversight, removing the last real powers of the only public institution opposed to President Nicolás Maduro amid the country’s deepening economic crisis.

The Supreme Court said in a ruling published late Tuesday that it will take over all budgetary functions from the National Assembly, because its leaders, who oppose Mr. Maduro, stand in contempt of court for not obeying earlier unrelated rulings.